At the December 10th, 2018 meeting of the Nechako-Kitamaat Development Fund Society Board, Directors approved $93,327 in funding for five projects. The following grants were awarded to new projects:
At the December 10th, 2018 meeting of the Nechako-Kitamaat Development Fund Society Board, Directors approved $93,327 in funding for five projects.
The following grants were awarded to new projects:
The following subsequent grants were awarded to projects that were previously approved for funding by NKDF:
“The NKDF grants support local projects that help create jobs and a better quality of life for people in the North-Central Interior,” said Bruce Ralston, Minister of Jobs, Trade and Technology. “Supporting these projects shows that putting people first can contribute to a vibrant and diverse economy where the community benefits in several ways.”
Andrew Czornohalan Operations Director – Power & Services Rio Tinto Aluminium, British Columbia Works says, “Rio Tinto is a proud partner of Nechako-Kitamaat Development Fund and the opportunities it offers to community projects. The collaboration of community volunteers, local leaders and funding partners such as NKDF, bring together shared value for the benefit of progressing projects important to supporting economic development and community sustainability within our operational footprint. Local representatives that comprise the Board, know their region the best which allows them to allocate funds to projects that make a difference in their communities. Congratulations to the approved recipients and thank you for the work you are doing to build your community.”
“The Board of Directors is pleased to again have such a diverse set of applications,” says Wayne Salewski, Nechako-Kitamaat Development Fund Society Chair. “These projects, benefitting agriculture to airports, will make a difference to both the quality of life and the economics of the region.”
These new approvals bring the total Nechako-Kitamaat Development Fund Society grants awarded for the 2018-2019 funding cycle to $398,264. NKDF grants $500,000 each funding cycle. The next application deadline is February 6th, 2019. For more information please visit http://www.nkdf.org/
For more information on past projects funded throughout the NKDF investment area please visit http://www.nkdf.org/projects or Facebook at https://www.facebook.com/NKDFS
The Nechako-Kitamaat Development Fund Society was jointly established in 1997 with a combined contribution of $15 million by the government of British Columbia and the former Alcan Inc., now Rio Tinto. The Fund’s investment area includes lands impacted by the original Kemano project and focuses on the communities in the Ootsa, Lakes, Nechako and Haisla regions of the north.
The Society encourages applications from local governments and legally incorporated non-profit organizations. NKDF invests in projects that create sustainable employment, diversify the economy, and improve the basic infrastructure needed for community stability, quality of life and growth.
The Government of B.C. and Alcan Inc. (Rio Tinto) each contributed $7.5 million to establish the Northern Development Fund in 1999. The investment income generated from this fund supports the NKDF grants program. Each partner has one representative serving on the board of directors. The NKDF is part of the portfolio of the Minister of Jobs, Economic Recovery and Innovation.
Nechako-Kitamaat Development Fund Society
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